Dr. Majdi Hariri, former member of the Shura Council and Chairman of the Board of Directors of Makyon Developers, called for the need to seek the establishment of a body for real estate developers in Saudi Arabia similar to the Saudi Commission for Engineers, in order to differentiate between real estate developers and land dealers, especially that the establishment of a special entity for developers would contribute to the regulation of work and protect the profession from outsiders and manipulators of the lands offered by the state and trade them instead of developing them.

Hariri pointed out that the authority would classify real estate developers according to their ability to develop land according to its size, or distribute them in the form of categories that determine their ability to work on various projects, so that each company works according to its capabilities. Hariri pointed out that the authority would classify real estate developers according to their ability to develop land according to its area, or to distribute them in the form of categories that determine their ability to work on different projects, so that each company works according to its financial and technical capabilities, explaining that this union would contribute to improving the conditions of developers and protecting the rights of buyers and investors alike, especially since the real estate development sector is the most weighty and influential sector in the Saudi economy.

Hariri pointed out that this union would contribute to improving the conditions of developers and protecting the rights of buyers and investors alike. <Hariri explained that there is an urgent need to enact legislation to establish this entity, pointing out that the identity and objectives of the authority can be summarized in taking care of the affairs of the real estate development sector and representing real estate developers with the official and banking authorities, in addition to following up the issues of the real estate sector and finding appropriate solutions to them with official and non-official authorities, working to regulate the relationship and enhance confidence between real estate developers and buyers, and providing the real estate market with scientific, accurate and modern studies and statistics.
Rudan Al-Duwaish, President of Al-Hakimia Real Estate Development Company, specialized in real estate development in the Eastern Province, stressed the importance of real estate development as the only way to solve the housing issue and support government efforts aimed at enabling citizens to live in housing. He said: We are well aware of the role of real estate development and its importance, and we are ready to explain this to the concerned government agencies to support the sector, we are certainly not looking for financial support, but rather providing facilities in terms of licenses and procedures and accelerating them. He pointed out that real estate development companies in the Kingdom face a very clear disparity in these procedures between one city and another, and one region and another.

Real estate development companies in the Kingdom face a very clear disparity in these procedures between one city and another. Regarding the government partnership, Al-Duwaish believes that it is important and strategic, but it needs time; while supporting real estate developers needs a decision based on a clear vision, which I hope is urgent."

Real estate developers in the Kingdom face a very clear disparity in these procedures.